In the music industry, unless and until you're not becoming very famous, you would not be able to get consistent cash flow as well.
Therefore, when you're not able to get consistent cash flow from either your offline performances or online on your page , it is important for you to 1st and foremost understand what are the things which you can do in order to manage that cash flow as well.
Once you're able to understand this point, thereafter only you can think about managing the cash flow as well.
You have to also understand that when it comes to managing the cash flow, you would have to curtail certain expenses as well. Only when you're ready to curtail certain expenses, you can be sure that it would become much more easier for you to invest in the band as well and to ensure that you are able to get a sizable amount of investment back as well.
1. At the start, only think about investing in the instrument's as well as the place for practising as well.
You might be needing the technical things like the sound system as well.
Therefore, at the start you have to only think about investing in these things.
When you're only thinking about investing in these things, thereafter only you would be able to make a proper decision about the investments which you would have to make as well.
2. Secondly, when it comes to investing you have to always understand that if you're looking to invest, it is important for you to understand that you would be getting a discount on the instruments which you are buying as well because you would surely be having the contacts in the music industry as well.
When you're having the contacts in the music industry, you would be able to save a significant amount of money quite easily as well.
Therefore, when you're looking to maintain the cost of your band, it is important for you to look into these points and thereafter only you would be able to reduce the cost of your band as well and you would be able to make sure that you can play the music appropriately as well.